Category Archive: Finance, No picture
Comments On Asset Prices And Inflation Targeting
Image Source: Pexels Even if one believes that asset price increases represent inflation, the general reaction among North American central bankers would be to think you are crazy if you think asset prices should be included within an inflation target mandate. (I am less sure about the reaction of Continental European central bankers.) Although they might accept that […]
Fiscal Collapse Accelerates
In case you thought anybody in Washington was driving this thing, they are not. It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years.In raw numbers, the latest numbers for Q4 2023 show Treasury issued $7 […]
Bank Of America Stock Price Target Raised Ahead Of Q1 Earnings
Image Source: Pexels Bank of America Corp (NYSE: BAC) has gained about 50% since late October but a Wells Fargo analyst is convinced it is not out of juice just yet. Bank of America stock has 16% upside Mike Mayo reiterated his “overweight” rating on the investment bank this morning and said its shares could climb […]
Poland’s CPI Below Central Bank Target As Food Price War Rages On
Image Source: Pexels CPI inflation moderated in March to 1.9% year-on-year from 2.8% in February, falling below the central bank target of 2.5% (+/-1pp), the second consecutive decline in food prices linked to a price war among large retailers. Inflation should bounce back in the second half of 2024 on higher VAT on food and normalisation of energy prices for households.In line […]
These 2 Retail And Wholesale Stocks Could Beat Earnings: Why They Should Be On Your Radar
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can’t control the latter, but they can focus on a company’s earnings results every quarter.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock […]
Cloud Stocks: Okta Recovers From Data Breach Issues
Image Source: Unsplash Corporate identity management software company Okta (Nasdaq: OKTA) recently announced its quarterly results that continued to outpace market expectations. The company’s focus on profitability is paying off as it delivered record non-GAAP profitability and cash flow in the quarter. Okta’s FinancialsRevenues for the fourth quarter grew 19% to $605 million, ahead of the […]
Disinflation Accelerates In France
Image Source: Pexels The slowdown in price growth was marked in March. The data indicate that a return to 2% inflation during 2024 is likely, although a rebound in inflation is expected in the second quarter. Slower than expected CPIIn March, consumer price inflation in France came in at 2.3%, a lower figure than that expected […]
General Dynamics Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of General Dynamics (GD). Below are some highlights from the above linked analysis:Company Description: General Dynamics is the world’s fourth largest military contractor, and also one of the world’s biggest manufacturers of corporate jets.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these […]
March Recap: 5 Largest Canadian Cannabis LPs Up 65%, On Average
Image Source: Unsplash A historic vote in Germany in March decriminalizing the sale of cannabis there sparked a rally in shares of Canadian cannabis LP stocks by 64.6% during the month.Below is how each of the 5 constituents in the munKNEE Canadian Cannabis LP Stocks Index performed in March and how well they have performed YTD: Canopy […]
Gold Price Forecast: XAU/USD Reaches To All-Time Highs Near $2,230, US PCE Eyed
Image Source: Unsplash Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024. Investors expect three rate cuts from the US Federal Reserve (Fed) in the coming months. Investors await the US PCE report to gain additional insight into the Fed’s interest rates trajectory. Gold price appreciates to all-time highs […]
